TABOU: what changed
Two financial years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
TABOU
Largest movements
- Cash +€7,835
up €7,835 (+574%), from €1,365 to €9,200
mainly Net result for the year (+€31,701) and Trade debts (+€4,028)
- Reserves +€31,701
up €31,701 (+15.5%), from €204,460 to €236,161
of which Distributable reserves: +€31,701
- Debts after one year -€26,875
down €26,875 (-53.3%), from €50,436 to €23,561
- Other debts -€7,968
down €7,968 (-66.2%), from €12,044 to €4,076
- Gross operating margin +€10,994
up €10,994 (+22.7%), from €48,428 to €59,422
- Taxes +€3,339
up €3,339 (+28.8%), from €11,601 to €14,940
- Financial charges -€670
down €670 (-11.2%), from €5,991 to €5,321
From the 2025 result to the 2026 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Derived cash bridge
Derived from the 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €430,431 | €432,696 | +€2,265 | +0.5% |
| Formation expenses | 20 | €968 | €670 | -€298 | -30.8% |
| Fixed assets | 21/28 | €305,027 | €302,957 | -€2,070 | -0.7% |
| Tangible fixed assets | 22/27 | €305,027 | €302,957 | -€2,070 | -0.7% |
| Land and buildings | 22 | €297,017 | €297,017 | = | 0.0% |
| Plant, machinery and equipment | 23 | €8,010 | €5,940 | -€2,070 | -25.8% |
| Current assets | 29/58 | €124,436 | €129,069 | +€4,633 | +3.7% |
| Stocks and contracts in progress | 3 | €121,723 | €118,754 | -€2,969 | -2.4% |
| Stocks | 30/36 | €121,723 | €118,754 | -€2,969 | -2.4% |
| Amounts receivable within one year | 40/41 | €240 | €139 | -€101 | -42.1% |
| Other amounts receivable | 41 | €240 | €139 | -€101 | -42.1% |
| Cash at bank and in hand | 54/58 | €1,365 | €9,200 | +€7,835 | +574% |
| Deferred charges and accrued income | 490/1 | €1,108 | €976 | -€132 | -11.9% |
| Total equity and liabilities | 10/49 | €430,431 | €432,696 | +€2,265 | +0.5% |
| Equity | 10/15 | €310,399 | €342,100 | +€31,701 | +10.2% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €204,460 | €236,161 | +€31,701 | +15.5% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €202,601 | €234,302 | +€31,701 | +15.6% |
| Profit (loss) carried forward | 14 | €87,347 | €87,347 | = | 0.0% |
| Amounts payable | 17/49 | €120,032 | €90,596 | -€29,436 | -24.5% |
| Amounts payable after more than one year | 17 | €50,436 | €23,561 | -€26,875 | -53.3% |
| Financial debts | 170/4 | €50,436 | €23,561 | -€26,875 | -53.3% |
| Amounts payable within one year | 42/48 | €69,596 | €67,035 | -€2,561 | -3.7% |
| Current portion of amounts payable after more than one year | 42 | €27,132 | €29,833 | +€2,701 | +10.0% |
| Financial debts | 43 | €1,867 | - | -€1,867 | |
| Credit institutions | 430/8 | €1,867 | - | -€1,867 | |
| Trade debts | 44 | €24,124 | €28,152 | +€4,028 | +16.7% |
| Suppliers | 440/4 | €24,124 | €28,152 | +€4,028 | +16.7% |
| Taxes, remuneration and social security | 45 | €4,429 | €4,974 | +€545 | +12.3% |
| Taxes | 450/3 | €4,429 | €4,974 | +€545 | +12.3% |
| Other amounts payable | 47/48 | €12,044 | €4,076 | -€7,968 | -66.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,994 | €2,978 | -€16 | -0.5% |
| Other operating charges | 640/8 | €4,575 | €4,709 | +€134 | +2.9% |
| Gross operating margin | 9900 | €48,428 | €59,422 | +€10,994 | +22.7% |
| Operating profit (loss) | 9901 | €40,859 | €51,735 | +€10,876 | +26.6% |
| Financial income | 75/76B | €647 | €227 | -€420 | -64.9% |
| Recurring financial income | 75 | €647 | €227 | -€420 | -64.9% |
| Financial charges | 65/66B | €5,991 | €5,321 | -€670 | -11.2% |
| Recurring financial charges | 65 | €5,991 | €5,321 | -€670 | -11.2% |
| Profit (loss) for the period before taxes | 9903 | €35,515 | €46,641 | +€11,126 | +31.3% |
| Income taxes | 67/77 | €11,601 | €14,940 | +€3,339 | +28.8% |
| Profit (loss) for the period | 9904 | €23,914 | €31,701 | +€7,787 | +32.6% |
| Profit (loss) for the period to be appropriated | 9905 | €23,914 | €31,701 | +€7,787 | +32.6% |
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.